Indian Stock Market Scam 2024 and the Futility of the Exit-Polls

Posted on 07/06/2024 (GMT 16:26 hrs) Compiled by the Partyless Society⤡ & Occupy Dalal Street⤡ “Underneath all reason lies delirium, drift. Everything is rational in capitalism, except capital or capitalism itself The stock market is certainly rational; one can understand it, study it, the capitalists know how to use it, and yet it is completely delirious, it’s mad.Continue reading “Indian Stock Market Scam 2024 and the Futility of the Exit-Polls”

Take Stern Measures against the BJP MPs With Legal Conflicts: An Appeal to the President of India

Posted on 07/06/2024 (GMT 13:23 hrs) Although there are too many complaints, FIRs and legal cases against the BJP’s malpractices during the Lok Sabha Elections, 2024, the Election Commission of India (ECI) along with the other vigilante agencies have turned a blind’s eye to all these crucial matters before a “new government” is formed. ThisContinue reading “Take Stern Measures against the BJP MPs With Legal Conflicts: An Appeal to the President of India”

Ecology, Economics and Elections: The Night Before…

The article critiques the ecological and political consequences of development under the current Indian regime, especially around the 2024 elections. It highlights fatal heatstroke cases among election officials, linking them to climate change and post-vaccination vulnerabilities. Major projects like the UP pilgrimage road (involving massive deforestation), the Mumbai-Ahmedabad bullet train (destroying mangroves), and the Kashi corridor (erasing heritage for religious tourism) are cited as examples of state-driven environmental destruction. The authors warn of a drift toward electoral autocracy, prioritizing economic-political gains over ecological and democratic well-being.

Disqualify PM Modi for his Anti-Constitutional Activities: An Open Letter to the President of India

Posted on 31/05/2024 (GMT 19:18 hrs) To The Hon’ble President, The Republic of India Sub: Disqualify PM Modi for his anti-Constitutional activities Dear Madam, With reference to our RTI dated 28.01.2024 to the Prime Minister’s Office (PMO) just after the heinous inauguration of the Ram Temple in Ayodhya on the demolished, vandalized ruins of theContinue reading “Disqualify PM Modi for his Anti-Constitutional Activities: An Open Letter to the President of India”

The DHFL Case and the Contradictory Verdicts of the NCLAT

The article examines the contradictory verdicts from the National Company Law Appellate Tribunal (NCLAT) regarding the DHFL case, highlighting four judgments issued in January and February 2022. It questions whether these inconsistencies arose from political pressure, inadequate judicial reasoning, or flaws in the Insolvency and Bankruptcy Code (IBC). The piece argues that the NCLAT favors non-convertible debenture (NCD) holders over fixed deposit (FD) holders, calling for a reassessment of the IBC to ensure equitable treatment for all creditors.

Beyond Pretensions: Narendra Modi and Ajay Piramal

The piece offers a trenchant critique of the symbiotic relationship between Narendra Modi’s BJP-led government and Ajay Piramal, framing it as emblematic of how politico-economic power is consolidated in contemporary India by means of moral-symbolic pretension and regulatory capture. The authors open with two speeches by Modi — one on the Congress manifesto, the other on the Ambani-Adani “scandal” — which they characterise as emblematic of his “habitual … web of pseudology” and the anxieties facing his regime. They then turn to Piramal, noting his declared allegiance to Gaudiya Vaishnava spirituality (via his association with ISKCON) and yet contrasting that with the multiple controversies surrounding him: alleged environmental violations (e.g., Digwal), insider trading reliefs, his acquisition of Dewan Housing Finance Corporation Limited (DHFL) via the insolvency regime, substantial electoral-bond donations to the BJP, and his positioning as a “friendly oligarch”. The article thus argues that Piramal’s spiritual-philanthropic branding and Modi’s populist entrepreneurial discourse function together to legitimise a regime of “more equal than others” capitalism in which dissent is sidelined, regulatory checks are bypassed, and unscrutinised mass suffering persists (illustrated through farmers, Manipuri communities and FD-holders). The tone is sharply condemnatory: Piramal is depicted as a “pretentious monster” unwilling to “look in the mirror”; Modi and the BJP are argued to be on the cusp of losing power as their contradictions mount. In sum, the article frames this duo as a case-study in how political-economic power cloaks itself in spirituality, populism and development slogans to evade accountability and maintain elite rule.